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What is the difference between a grantee and grantor?

In real estate, a grantee is the recipient of the property, and the grantor is a person that transfers ownership rights of a property to another person. However, the specifics of their transaction may vary depending on the situation. The official documents they use, such as a deed, detail their obligations.

What does it mean to be a grantor?

The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document.

Who is the grantor under the deed of trust?

The Grantor is any person conveying or encumbering, whom any Lis Pendens, Judgments, Writ of Attachment, or Claims of Separate or Community Property shall be placed on record. The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document.

Is grantor and beneficiary the same?

The grantor is the person who creates a trust, and the beneficiaries are the persons identified in the trust to receive the assets. The assets in the trust are supplied by the grantor.

What is the difference between trustee and grantor?

The grantor (also called the settlor, trustor, creator, or trustmaker) is the person who creates the trust. Married couples who set up one trust together are co-grantors of their trust. Only the grantor(s) can make changes to the trust. The trustee manages the assets that are in the trust.

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